Economics / Markets

Households saved more money in the second quarter of this year as incomes improved, latest research has found.

Keith Carby's Caerus Capital has bought Paradigm Financial Advisers (PFA) from the Paradigm Group.

FIVE THINGS

The UK will return to growth in the second half of the year fuelled by consumer spending power despite exports continuing to disappoint, according to Ernst & Young's latest forecast.

George Osborne risks damaging the UK economy further unless he eases austerity measures and faces the country's "growth challenge", the International Monetary Fund has said.

EUROPE

Prime Minister David Cameron has warned the UK is facing an "hour of reckoning" in his speech to the Conservative Party conference.

European shares have opened lower for the third consecutive day after Japan led Asian indices lower overnight.

The UK is out of recession and had its strongest quarter in two years over the three months to September, according to NIESR.

The UK economy is going through a "slow and difficult healing process" but there are positive signs for the future, the Prime Minister has said.